Investment opportunity! Renovated apartments for sale in the centre of Malaga, walking distance to all amenities.

Great opportunity for investors to buy fully renovated apartments in the centre of Malaga

TEMPORARY OFFER: GARAGE INCLUDED (€20.000)
80% now sold. Phenomenal success due to: prime location in Málaga + Really good market price.

Update 10/2020: Temporary winter offer:
Buy 1 property: 5% discount
and for private investors:
2 properties: 10% discount
3 properties: 15% discount
4 or more properties: 20% discount
Update 12/2020: 80% sold
Update 01/2021: LAST 6 UNITS!
Update 03/2021: Last 2 units

Property Highlights

• Fully refurbished apartments and studios (renovation is in progress)
• Modern and durable design
• Fantastic central location, walking distance to everything
• Great rental income potential

The Location

• In the centre of Malaga, walking distance to almost everything.
• Perfect for students, city-dwellers, or anyone looking for a pied-a-terre in a modern and vibrant Mediterranean city with a fantastic climate and excellent infrastructure only 3 hours away from most European cities.
• Here are some distances for guidance:   
  • Bus stop: 3 minutes walk 
  • Public school: 1 minute walk
  • Music conservatory:  7 minutes 
  • Rosaleda football stadium (Malaga CF): 8 minutes
  • University: 8 minutes
  • Historic centre: 15 minutes and Muelle Uno port: 20 minutes. Both areas offer countless tapas bars, restaurants, clubs, boutiques, museums etc. 
  • Malagueta Beach: 25 minutes
  • Several hospitals are reachable in less than 15 minutes.
  • Train station Maria Zambrano and adjacent large shopping mall: 30 minutes

The Apartments

• Project of 46 homes distributed over 3 floors
• Completely refurbished studios and apartments
• Modern and durable designs
• Fully equipped kitchen, with white coloured finishings

Investment opportunity

• Annual return on investment is 5% of the purchase price plus the furniture package of €7,200, minus the yearly property- and garbage tax of €300. The tenant pays for all utilities. This return is guaranteed for 3 years with an option to extend it for another 2 years.
• The area shows a clear further upward trend in rental prices
• The developer offers 1 year free of rental management fees for apartments bought for investment purposes (value is 10% of the annual rental fees).
• The area is known for it short period between publication and signing of rental contract (1.3 month only on average), and this period is still shortening

• Double brick partition between apartments
• Wooden flooring
• Ceramic tiles in bathrooms and toilets
• Armoured entrance door, wood imitation
• Fitted wardrobes
• Double glazing
• Air conditioning for cooling and heating
• Communal lift